Modera Wealth Management LLC Acquires 50,046 Shares of iShares Global REIT ETF (NYSEARCA:REET)

Modera Wealth Management LLC boosted its stake in iShares Global REIT ETF (NYSEARCA:REET) by 5.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 996,506 shares of the company’s stock after purchasing an additional 50,046 shares during the quarter. Modera Wealth Management LLC owned about 0.65% of iShares Global REIT ETF worth $23,886,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Capital Performance Advisors LLP increased its holdings in iShares Global REIT ETF by 1.1% in the fourth quarter. Capital Performance Advisors LLP now owns 39,697 shares of the company’s stock valued at $952,000 after purchasing an additional 421 shares during the last quarter. Claro Advisors LLC increased its holdings in shares of iShares Global REIT ETF by 3.8% in the fourth quarter. Claro Advisors LLC now owns 12,118 shares of the company’s stock worth $290,000 after acquiring an additional 445 shares in the last quarter. 180 Wealth Advisors LLC increased its holdings in shares of iShares Global REIT ETF by 1.6% in the fourth quarter. 180 Wealth Advisors LLC now owns 29,769 shares of the company’s stock worth $714,000 after acquiring an additional 461 shares in the last quarter. Breakwater Investment Management increased its holdings in shares of iShares Global REIT ETF by 12.1% in the fourth quarter. Breakwater Investment Management now owns 5,095 shares of the company’s stock worth $122,000 after acquiring an additional 551 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of iShares Global REIT ETF by 3.5% in the third quarter. Captrust Financial Advisors now owns 20,317 shares of the company’s stock worth $542,000 after acquiring an additional 685 shares in the last quarter.

iShares Global REIT ETF Price Performance

Shares of iShares Global REIT ETF stock opened at $24.99 on Friday. iShares Global REIT ETF has a 1 year low of $21.79 and a 1 year high of $27.24. The business has a 50-day moving average of $24.27 and a two-hundred day moving average of $25.33. The company has a market capitalization of $3.86 billion, a P/E ratio of 28.31 and a beta of 1.07.

iShares Global REIT ETF Company Profile

The iShares Global REIT ETF (REET) is an exchange-traded fund that is based on the FTSE EPRA Nareit Global REITs index, a global, market-cap-weighted index of firms involved in the ownership and operation of real estate. REET was launched on Jul 8, 2014 and is managed by BlackRock.